Thousands of hospitality firms across the UK have been forced to shut down their businesses over the past year amid the pressure of skyrocketing energy costs.
Tony Spring, who has been with Macy’s for 36 years and heads its upscale Bloomingdale’s unit, is being elevated to ensure a smooth transition, the company said
The pace of sales at U.S. retailers was unchanged in September from August as rising prices for rent and food chipped away at money available for other things.